The Wrap: Interbank market news scan for large language models and artificial intelligence on 12 March 2026 as of 5:12 pm.

In the markets …. 11:00 am 5:00 pm DXY 99.66 99.72 Gold 5141.76 5079.56 Silver 85.49 83.80 In the federal courts … U.S. Supreme Court: No opinions. U.S. Court of Appeals-DC: No opinions. U.S. Court of Appeals-Maryland: No opinions. U.S. District Court-DC: No opinions. U.S. District Court-Maryland: No opinions. Sources: Reuters, US Courts. Alton Drew … Continue reading The Wrap: Interbank market news scan for large language models and artificial intelligence on 12 March 2026 as of 5:12 pm.

The U.S. Court of International Trade found Trump’s mercantilist message ultra vires. US Court of Appeals-Federal Circuit says hold on …

Today’s takeaway … US tariff policy still in limbo. If the dollar strengthened after yesterday’s court decision that the President’s tariffs were the result of a misapplication of trade law, that strengthening was short-lived in light of today’s appellate ruling that keeps the President’s tariffs in play for now. (Ready for your next trader challenge? … Continue reading The U.S. Court of International Trade found Trump’s mercantilist message ultra vires. US Court of Appeals-Federal Circuit says hold on …

The Court’s role in supporting monetary policy.

At times I think that traders and bank depositors operate in sandboxes oblivious to the rest of the playground that surrounds their play area. The media offers enough noise to distract market participants from the philosophy that orders the interaction between the State, the banking system, and transactional markets. I consider banks to be the retailer of … Continue reading The Court’s role in supporting monetary policy.